India's economy

CPI inflation to be around 5-5.5% this fiscal: Nomura

Inflation based on consumer price index (CPI) is likely to be around 5-5.5 percent this fiscal and rise in minimum support price (MSP) will have positive implications for the economy, Japanese brokerage firm Nomura has said.

Jun 18, 2015, 17:54 PM IST

Violence cost India's economy $342 billion in 2014: Report

Violence hit India where it hurts the most -- it impacted the economy to the tune of USD 341.7 billion in 2014, according to the Institute for Economics and Peace (IEP).

Jun 17, 2015, 14:22 PM IST

Trade deficit narrows to 3-month low

India's trade deficit narrowed to a three-month low in May, helped by lower gold imports, bolstering the outlook for its current account balance.

Jun 16, 2015, 13:58 PM IST

Govt has put derailed economy back on track in one year: PM Modi

The government has put the derailed economy back on track, contained inflation and improved investor confidence in the last one year, Prime Minister Narendra Modi said Tuesday.

May 26, 2015, 14:10 PM IST

GDP growth in double digits in 3-4 years: Rajnath

GDP growth figure of India would reach double digits in the next three to four years, Home Minister Rajnath Singh said on Tuesday.

May 26, 2015, 13:37 PM IST

Economy rejuvenated, trust in government restored: PM Modi's open letter on one year

The languishing economy was rejuvenated, building on stable and policy-driven proactive governance, the Prime Minister said.

May 26, 2015, 10:11 AM IST

Inflation under check; global economy, agri a challenge: FM Jaitley

Finance Minister Arun Jaitley on Saturday said inflation has been brought under control in the past one year but global economy and agrarian situation as well as domestic investments pose challenge to the Indian economy.

May 23, 2015, 20:44 PM IST

India self-insured to withstand volatile capital flows: Rajan

Amid a huge sell-off by foreign investors in the capital markets, RBI Governor Raghuram Rajan on Friday said India is well protected against volatile capital flows with its deeper reserves, surging growth and a stronger macroeconomic environment.

May 22, 2015, 18:44 PM IST

Keeping fingers crossed on bad loans: FM Jaitley

Terming NPAs at 5.2 percent as high, Finance Minister Arun Jaitley on Friday said it's too early to consider the improvement in the bad loan situation last quarter as a "turnaround" and was keeping his fingers crossed.

May 22, 2015, 17:13 PM IST

India continues to lead in global confidence index: Nielsen

For the sixth quarter in a row, India continued to lead the global confidence index in anticipation of improvement in the economy through reforms and stimulus announced by the central government, says a report.

May 21, 2015, 15:27 PM IST

India's economic growth to surpass China's in 2015-16: UN report

India's economic growth is projected to surpass that of China's in 2016 with the GDP expected to zoom by 7.7 percent, according to a UN report which said India will help accelerate growth in South Asia.

May 20, 2015, 20:15 PM IST

Reforms, rate easing key to achieve over 8% growth: Citigroup

According to global financial services major Citigroup, structural reforms, rate easing and range-bound commodity prices are key for over 8 percent GDP growth.

May 20, 2015, 17:54 PM IST

'GDP to grow at 9% once structural issues addressed'

The Economic Survey had projected a growth of 8.1 to 8.5 percent in the current financial year.

May 20, 2015, 16:05 PM IST

Now on India will grow faster, outpace China: UN

India is expected to log a growth of 7.6 percent this year and 7.7 percent, nearly 1.5 percentage points higher than the outlook just four months ago, in a clear sign that it will outpace China quite decisively, as per a UN report released here Tuesday.

May 20, 2015, 14:55 PM IST

India's economic growth to surpass China's in 2015-16: UN

The mid-year update of the UN World Economic Situation and Prospects (WESP), released Tuesday, said India's economy is projected to grow by 7.6 percent this year and 7.7 percent in 2016, overtaking China.

May 20, 2015, 00:04 AM IST

Expectations from Modi govt taper off on legacy issues: Crisil

Rating agency Crisil on Tuesday said expectations from Prime Minister Narendra Modi-led government have moderated in its first year, as it was not able to push demand due to the issues it inherited.

May 19, 2015, 15:45 PM IST

GDP to grow further after 7-7.5% last year: Arun Jaitley

India`s economy grew an estimated 7-7.5 percent last fiscal year and will keep growing this year, but the government will have to invest more in agriculture to keep up the momentum, Finance Minister Arun Jaitley said on Saturday.

May 10, 2015, 16:33 PM IST

India is now world's fastest growing country: PM Modi

Modi said the government`s decision to auction coal has led to states getting richer and using the royalty money from the mines for the welfare of the people.

May 10, 2015, 15:12 PM IST

India's manufacturing, services growth outpaced China in April

Manufacturing and service sectors in India expanded at a faster pace last month than China, even as economic growth moderated overall in emerging markets, a survey said.

May 08, 2015, 12:45 PM IST

India to achieve highest GDP growth of 7.9% over next 8 years

India is projected to record average annual growth rates of 7.9 percent over the next eight years, nearly double of China's 4.6 percent projected growth over the period.

May 08, 2015, 09:30 AM IST